Since the release of last week’s Sunday report, there have been no substantial changes in the market situation, so this update will be more concise than usual. Last week, we focused on the two major liquidity clusters in the 97K and 107K ranges, emphasizing the importance of setting short positions in these areas as market makers may guide the price back to these zones to seek liquidity. It's worth noting that the weekly EMA50 urgently needs to be retested, and this technical requirement happens to highly coincide with the first liquidity pool near 99-100K. If such a price impulse occurs, it will be accompanied by extreme volatility—this volatility is very likely to erupt during the Federal Open Market Committee (FOMC) statement three days from now (December 10).
Currently, the market presents three potential scenarios, each with varying probabilities. Trading is essentially a game of probabilities. If we agree that Bitcoin has entered a bear market, then we must accept that the market will intermittently make new lows. But does this mean there won’t be any rebounds or relief rallies? Absolutely not—even during the most brutal crashes, the market has never fallen in a straight line without any technical correction. Our core task next is to pinpoint the key zones where market makers are most likely to push the price higher—these areas will serve as crucial springboards before the price moves down to the 70K target.
The first possibility is that market makers directly play out the current bearish flag pattern, pushing Bitcoin (BTC) to the $70,000 target. I think this could happen—but it’s not as likely as the second scenario. The second scenario involves grabbing liquidity near $97,000 while letting Bitcoin retest the weekly EMA50 (the most important bull-bear dividing line). The perfect trap would be a price breakout above the weekly EMA50, sparking strong bullish sentiment and driving Bitcoin from $100,000 up to $107,000 to reach the next major liquidity pool. After that, market makers could build a larger liquidation cluster on the way down, pushing the price below $83,000 and allowing the "mega short" strategy to profit again.
Some might ask: "Why not close shorts in the 115-125K range, go long, and then reopen shorts at 97-100K or 107K?" The answer is simple: trading is about probability. In my view, my entry levels are unlikely to be touched in the next year. No matter how the market moves, these shorts will remain highly profitable because the timing was perfect. I believe the probability of the price reaching the $70,000 area is extremely high. The only question is: before the next leg down, how high will the fake rally go? Will it fall straight from the current bearish flag structure, top out at 97-100K and then drop, or will there be a stronger rally up to the 107K area before resuming the downtrend? All these questions point to the same answer: no matter which scenario plays out, $70,000 will eventually arrive.
I’m very happy to maintain my short exposure in the 115-125K range, and if the market presents the opportunity, I will add directly in the 100-107K range. Overall, the fundamentals are extremely bearish. The confirmed death cross is the most significant danger signal and the final confirmation many people need. But of course, market sentiment fluctuates with emotions. People bet on a golden cross and ignore the death cross simply because emotions prevent them from facing reality.
Kind reminder: For spot traders, please patiently wait to buy BTC in the 50-70K range and accumulate ETH in batches at 1500-2000-2400! We predict that buying in this range will yield at least a double return within a year!
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# Bitcoin BTC—Where Is the Next Move?
Sunday Major Report: Full Analysis of Key Points:
🚩 Technical Analysis / Liquidity Analysis / Psychological Barrier Breakthrough:
Since the release of last week’s Sunday report, there have been no substantial changes in the market situation, so this update will be more concise than usual. Last week, we focused on the two major liquidity clusters in the 97K and 107K ranges, emphasizing the importance of setting short positions in these areas as market makers may guide the price back to these zones to seek liquidity. It's worth noting that the weekly EMA50 urgently needs to be retested, and this technical requirement happens to highly coincide with the first liquidity pool near 99-100K. If such a price impulse occurs, it will be accompanied by extreme volatility—this volatility is very likely to erupt during the Federal Open Market Committee (FOMC) statement three days from now (December 10).
Currently, the market presents three potential scenarios, each with varying probabilities. Trading is essentially a game of probabilities. If we agree that Bitcoin has entered a bear market, then we must accept that the market will intermittently make new lows. But does this mean there won’t be any rebounds or relief rallies? Absolutely not—even during the most brutal crashes, the market has never fallen in a straight line without any technical correction. Our core task next is to pinpoint the key zones where market makers are most likely to push the price higher—these areas will serve as crucial springboards before the price moves down to the 70K target.
The first possibility is that market makers directly play out the current bearish flag pattern, pushing Bitcoin (BTC) to the $70,000 target. I think this could happen—but it’s not as likely as the second scenario. The second scenario involves grabbing liquidity near $97,000 while letting Bitcoin retest the weekly EMA50 (the most important bull-bear dividing line). The perfect trap would be a price breakout above the weekly EMA50, sparking strong bullish sentiment and driving Bitcoin from $100,000 up to $107,000 to reach the next major liquidity pool. After that, market makers could build a larger liquidation cluster on the way down, pushing the price below $83,000 and allowing the "mega short" strategy to profit again.
Some might ask: "Why not close shorts in the 115-125K range, go long, and then reopen shorts at 97-100K or 107K?"
The answer is simple: trading is about probability. In my view, my entry levels are unlikely to be touched in the next year. No matter how the market moves, these shorts will remain highly profitable because the timing was perfect. I believe the probability of the price reaching the $70,000 area is extremely high. The only question is: before the next leg down, how high will the fake rally go? Will it fall straight from the current bearish flag structure, top out at 97-100K and then drop, or will there be a stronger rally up to the 107K area before resuming the downtrend? All these questions point to the same answer: no matter which scenario plays out, $70,000 will eventually arrive.
I’m very happy to maintain my short exposure in the 115-125K range, and if the market presents the opportunity, I will add directly in the 100-107K range. Overall, the fundamentals are extremely bearish. The confirmed death cross is the most significant danger signal and the final confirmation many people need. But of course, market sentiment fluctuates with emotions. People bet on a golden cross and ignore the death cross simply because emotions prevent them from facing reality.
Kind reminder: For spot traders, please patiently wait to buy BTC in the 50-70K range and accumulate ETH in batches at 1500-2000-2400!
We predict that buying in this range will yield at least a double return within a year!